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Stocks had a mixed close on Friday as traders buckled up for earnings season. Producer Prices underscored the continued pullback in inflation.

Stocks went on a wild ride yesterday as traders struggled to figure out whether or not a lukewarm inflation figure was important or not. Consumer Price Index / CPI showed a higher-than-expected increase in December, but still it was still muted compared to a year ago.

Stocks posted solid gains yesterday as optimism about a benevolent Fed returned. The SEC somewhat reluctantly approved spot Bitcoin ETFs after drawing out the decision to last minute.

Stocks delivered an interesting session yesterday, closing mixed after a zany ride led by Bitcoin… which was led by some as yet unknown source. Traders are getting dizzy with one eye on earnings and one tired, tired eye on inflation and its Fed keepers.

Stocks bounced higher yesterday after positive-ish Fed comments. According to the New York Fed, Americans are lowering their expectations about inflation in the year ahead.

The small cap index was bettered by the major indexes on Friday which managed a close in the green on Friday. The S&P500 was down for the week, snapping a weekly winning streak that started back in November… hmmm.

Stocks had a rough session, closing at their lows, as an ADP jobs report came in hotter than expected. Bond yields have been relentlessly climbing, forcing weak hand holders to sell, accentuating the decline.